Earthquake Insurance – What You Need to Know
What are the two most important things to know about earthquake insurance?
- Most home insurance policies do not cover earthquake damage.
- Even if you don’t live in an area where earthquakes are common, you may still need earthquake insurance.
Earthquakes have occurred in 39 states since 1900, and about 90% of Americans live in areas considered seismically active. For many of our neighbors in New Jersey, earthquake insurance can be inexpensive – contact Pavese-McCormick to find out what the costs would be for your home.
Earthquake insurance can have many options
Most homeowner, condo and rental insurance policies do not cover damage caused by an earthquake, but coverage can be purchased as an endorsement or a separate policy. You may be able to choose to purchase earthquake insurance from the same company that provides your home insurance, from a specialized earthquake insurance provider, or from an independent organization.
Earthquake insurance needs can vary significantly – call or email Pavese-McCormick at 732-247-9800 or email@example.com and talk with one of our agents today to find out how to get the best price and value on earthquake insurance for you.